Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.
Filinvest Land Inc., the property development arm of the Gotianun Group, reported a 62 percent surge in March sales reservations to P2.7 billion, compared to the same month last year.
Megawide Construction Corp. posted a consolidated net income of P265 million in the first three months of 2026, an increase of 26 percent from the year-earlier period amid the onset of the Middle East crisis.
SM Offices, the commercial leasing arm of SM Prime Holdings, has achieved full occupancy across its 10-tower, 100,000 square meter Clark Tech Hub in Angeles City, Pampanga.
Real estate investments in the Philippines are expected to increasingly move to the Visayas and Mindanao in the coming years as businesses expand outside Metro Manila, according to Prime Philippines Inc.